Browse Definitions :
Definition

scatter plot

A scatter plot is a set of points plotted on a horizontal and vertical axes.

Scatter plots are important in statistics because they can show the extent of correlation, if any, between the values of observed quantities or phenomena (called variables). If no correlation exists between the variables, the points appear randomly scattered on the coordinate plane. If a large correlation exists, the points concentrate near a straight line. Scatter plots are useful data visualization tools for illustrating a trend.

Besides showing the extent of correlation, a scatter plot shows the sense of the correlation:

  • If the vertical (or y-axis) variable increases as the horizontal (or x-axis) variable increases, the correlation is positive.
  • If the y-axis variable decreases as the x-axis variable increases or vice-versa, the correlation is negative.
  • If it is impossible to establish either of the above criteria, then the correlation is zero.

The maximum possible positive correlation is +1 or +100%, when all the points in a scatter plot lie exactly along a straight line with a positive slope. The maximum possible negative correlation is -1 or -100%, in which case all the points lie exactly along a straight line with a negative slope.

Correlation is often confused with causation, either accidentally (as a result of false or unproved hypotheses) or deliberately (with intent to deceive). However, in the pure sense, while a scatter plot can reveal the nature and extent of correlation, it says nothing about causation.

See also: graph theory, pictograph, bar graph, point-to-point graph, sparkline, time series chart

This was last updated in December 2012

Continue Reading About scatter plot

SearchCompliance
  • pure risk

    Pure risk refers to risks that are beyond human control and result in a loss or no loss with no possibility of financial gain.

  • risk reporting

    Risk reporting is a method of identifying risks tied to or potentially impacting an organization's business processes.

  • risk exposure

    Risk exposure is the quantified potential loss from business activities currently underway or planned.

SearchSecurity
  • script kiddie

    Script kiddie is a derogative term that computer hackers coined to refer to immature, but often just as dangerous, exploiters of ...

  • cipher

    In cryptography, a cipher is an algorithm for encrypting and decrypting data.

  • What is risk analysis?

    Risk analysis is the process of identifying and analyzing potential issues that could negatively impact key business initiatives ...

SearchHealthIT
SearchDisasterRecovery
  • What is risk mitigation?

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • fault-tolerant

    Fault-tolerant technology is a capability of a computer system, electronic system or network to deliver uninterrupted service, ...

  • synchronous replication

    Synchronous replication is the process of copying data over a storage area network, local area network or wide area network so ...

SearchStorage
  • gigabyte (GB)

    A gigabyte (GB) -- pronounced with two hard Gs -- is a unit of data storage capacity that is roughly equivalent to 1 billion ...

  • MRAM (magnetoresistive random access memory)

    MRAM (magnetoresistive random access memory) is a method of storing data bits using magnetic states instead of the electrical ...

  • storage volume

    A storage volume is an identifiable unit of data storage. It can be a removable hard disk, but it does not have to be a unit that...

Close